$XIAOMI-W(01810.HK)

💡 Xiaomi - Deep Value, Long-Term Conviction

📖 My Context

I have been watching Xiaomi since last year. After doing my due diligence on its finances, I am confident that this is a solid company with strong fundamentals.

As of latest annual AFS FY23 -25 , Xiaomi has delivered three straight years of positive operating and free cash flow, plus annual ROE consistently above 10%.

From its peak of HKD 61.45 on 27 June 2025, the share price has dropped 58%, closing today at HKD 26.58.

📈 My Trade

I started my accumulation early March this year and now my average cost is at HKD 31.023. I believe the current price is deeply undervalued. Right now it trades at HKD 26.58, down 14.32%. I am not worried because I know that this is just short-term noise. My focus is firmly on Xiaomi’s long-term growth.

💡 My Takeaway

Buying something just because it looks cheap really tests your patience. Strong fundamentals carry you over time but timing matters too. I am not listening to anyone saying the Hong Kong market is uninvestable. I trust my own research.

Let’s go Xiaomi 🚀